The new car sales winners and losers

AutoExec Summary

In July, new car sales in Australia showed some positive signs despite overall declines. Toyota’s sales rose nearly 6%, driven by the successful RAV4 hybrid and Corolla, dominating the SUV and sales charts. Lexus also performed well with a 30% increase in SUV sales, surpassing Audi. Meanwhile, Chinese brands like MG gained traction, while sports car sales, particularly the Ford Mustang, declined. Mercedes’ X-Class struggled, and Jeep faced significant challenges, with only the Wrangler showing promising growth.

Brands mentioned: Toyota, Lexus, Audi, MG, Honda, Suzuki, LDV, Ford, Mazda, Mercedes, Nissan, Jeep